Former Satyam chief B Ramalinga Raju, the prime accused in the multi-crore Satyam scam was granted bail by the Andhra Pradesh High Court with a condition to co-operate with the investigators and not to leave the country. He has also been asked to furnish two sureties of Rs. 20 lakhs each.
Mr. Raju languished in jail since January 2009 after he confessed to a Rs. 7,800 crore fraud in Satyam Computer Services Ltd., a company founded by him.